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ParkLake Plaza to Open in 2016
March 26, 2014, 9:02, (Property Xpress) - ParkLake Plaza shopping mall, being developed by Sonae Sierra and Caelum Development near IOR Park in eastern ...   read more
St. Petersburg Historic Building to undergo Reconstruction
March 25, 2014, 16:29, (Property Xpress) - The Government of St. Petersburg has provided a historic building at 4, Kirpichny Lane to OOO Dom Gaufa. The ...   read more
Kingfisher Romania Stores Generate Sales of EUR 85 mln in June-December
March 25, 2014, 16:05, (Property Xpress) - Bricostore Romania, which will be transformed into Brico Depot, after it was taken over in April last year by ...   read more
Leroy Merlin to Triple Russian Stores by 2019
March 25, 2014, 15:22, (Property Xpress) - French DIY retailer Leroy Merlin plans to almost triple its Russian chain of stores over the next five years - ...   read more
Four Consortia Prequalify for EUR 300 mln Ski Resort in Western Balkans
March 25, 2014, 15:02, (Property Xpress) - Four consortia, backed by foreign investors, have entered the pre-qualification stage for the right to develop ...   read more
Carlson Rezidor to Open Eight Russian Hotels by 2016
March 25, 2014, 13:58, (Property Xpress) - Carlson Rezidor Hotel Group is planning to open eight Russian hotels under its management in the next two ...   read more
BauMax to Decide on Store Closures in Turkey, Romania and Bulgaria
March 25, 2014, 13:42, (Property Xpress) - Austrian DIY retailer BauMax is considering closing stores in Turkey, Romania and Bulgaria. A similar decision ...   read more
Morton Plans 2.2 Mln Sq. m Real Estate Project in New Moscow
March 25, 2014, 13:03, (Property Xpress) - Moscow-based investment and construction company Morton has prepared preliminary plans to develop a 224.6 ha ...   read more
Sutomore Site Goes to Sale
March 25, 2014, 12:33, (Property Xpress) - An attractive site with approved urban planning (DUP) documentation will be offered for sale in Montenegro. At ...   read more
VTB to Lend RUB 3.0 Bln for Airport Reconstruction Project
March 25, 2014, 11:59, (Property Xpress) - Russia’s state-controlled banking group VTB has been declared winner of the request for proposals for the ...   read more
GTC Group Reports Decline in Value of SEE Assets
March 25, 2014, 11:46, (Property Xpress) - Israeli GTC Group has announced it might be unable to sell or restructure its shopping malls in Bulgaria, ...   read more
Kontinent to Build Retail/Office Center in Tomsk
March 25, 2014, 10:39, (Property Xpress) - Tomsk-based Kontinent has received permission to build a 24-story retail and office center on 62/6, ...   read more
Agrokor Borrows EUR 600 mln from Sberbank of Russia
March 25, 2014, 10:07, (Property Xpress) - Croatian Agrokor has signed a EUR 600 mln seven-year credit agreement with Russia’s Sberbank and Sberbank ...   read more
OPIN to Develop 525,000 Sq. m Moscow Mixed-use Scheme
March 25, 2014, 9:21, (Property Xpress) - Mikhail Prokhorov’s OPIN has increased by a third its project to develop commercial and residential real ...   read more
Globalworth to Start Work on Bucharest One Office Tower
March 25, 2014, 8:35, (Property Xpress) - Globalworth Real Estate, led by Greek businessman Ioannis Papalekas, has leased nine of the 23 floors, or 37.5 ...   read more
Master Plan Approval for Airport Terminal Expected in May
March 24, 2014, 17:36, (Property Xpress) - The master plan for a new passenger terminal in Russia is expected to be approved in May 2014. The document ...   read more
Three Hypermarkets up for Sale in Romanian Secondary Cities
March 24, 2014, 17:19, (Property Xpress) - Four assets, including three hypermarkets and a land plot, will be auctioned in Romania by the liquidator of ...   read more
Developer R.G.I. Turns to Profit in 2013
March 24, 2014, 16:42, (Property Xpress) - Development company R.G.I. International recorded a USD 607,000 net profit in 2013 compared with a net loss of ...   read more
Macedonia Seeks Private Partners for Winter-Recreation Center
March 24, 2014, 15:54, (Property Xpress) - Macedonia’s state-owned MEPSO company has launched a public call for expressions of interest in investing ...   read more
Moscow to Auction Land for Car Park
March 24, 2014, 13:58, (Property Xpress) - Moscow city authorities plan to auction a total of 10 sites, including a 0.64 ha land plot at 2, Stremyanny ...   read more
Contractors Sought for Multipurpose Sports Hall in Bulgaria
March 24, 2014, 13:48, (Property Xpress) - A Bulgarian municipality is seeking contractors to design and construct a multifunctional sports hall. The ...   read more
PIK Group to Develop 200,000 Sq. m Moscow Housing Compound
March 24, 2014, 13:36, (Property Xpress) - The Urban Land Commission of the Government of Moscow has approved the design of urban plans for an 8.8 ha ...   read more
NEPI Borrows EUR 20 mln to Refinance Galati Mall
March 24, 2014, 13:13, (Property Xpress) - Garanti Bank Romania, a member of Turkey’s Turkiye Garanti Bankasi, has granted a EUR 20 mln loan to New ...   read more
Moscow Gives Nod for Historic Building Reconstruction
March 24, 2014, 12:45, (Property Xpress) - The Urban Land Commission of the Government of Moscow has addressed the issue of reconstructing a 6,700 sq. m ...   read more
Slovenia to Privatize Terme Olimia Bazeni Company
March 24, 2014, 12:27, (Property Xpress) - Slovenian company Terme Olimia Bazeni is included in the list of government investments available for sale, ...   read more



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